Abstract
This article presents an integrated methodology and main results of the geological and economic modeling of the Farim-Saliquinhé phosphate ore deposit, in Guiné-Bissau. This mineral mass was first recognized in the 1980s, by the Bureau de Recherches Géologiques et Minières (BRGM) as sedimentary.The morphological characterization was performed by depth and thickness estimation of coverage and mineralized formations (main phosphate rock F PA, and carbo-phosphate FPB, secondary). The P2O5 grades were characterized by 25 krigging and subsequently by geostatistical simulation, to infer the uncertainty and classify the reserves in terms of inferred, indicated and measured. Finally, the morphology and grades were converted into benefits and costs following a mineral exploitation scenario. With regard to the economic modeling, a pre-feasibility study is presented with sensitivity analysis, relative to the phosphate price, exploitation and transportation costs, and reduction on the phosphate price, if not concentrated. An estimate is also presented of the internal rate of return (IRR) of the project for a base scenario and one variant.
Translated title of the contribution | Characterization and evaluation of the geological reserves in the Farim-Saliquinhé mineral deposit |
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Original language | Portuguese |
Pages (from-to) | 569-580 |
Number of pages | 12 |
Journal | Revista Escola de Minas |
Volume | 63 |
Issue number | 3 |
Publication status | Published - Jul 2010 |
Keywords
- Cumulative and grade curves
- Cut-off grade
- Farim-Saliquinhé
- Krigging
- Ore reserves evaluation
- Phosphate
- Pre-feasibility study